Ferrari N.V. Raised full-year guidance after reporting RECORD results for Q2 and CRUISING PAST the consensus expectation. Despite the global economic downturn, demand for Ferrari’s high-priced sports and grand touring cars is strong. Of note, ALL geographic regions positively contributed in the quarter.
Hermes reports Very strong growth and exceptionalresults in the first half. Revenue increased 29% at current exchange rates and 23% at constant exchange rates. Recurring operating margin reached 42% of sales. Net profit reached €1,641 million, up 40%.